Scaramucci Urges Crypto Fans to Support Biden Despite Crackdown
- Says a Trump victory will harm democracy in the long term
- Sees Bitcoin at $170,000 about 18 months after halving
Anthony Scaramucci
Photographer: Dustin Chambers/BloombergThis article is for subscribers only.
Anthony Scaramucci advised the cryptocurrency community to support President Joe Biden over Donald Trump in the 2024 presidential election, despite the incumbent administration’s harsh stance toward the industry.
The SkyBridge Capital founder and former Trump communications director said that while a Trump administration would be better for crypto regulation in the short term, “in the long term, he’s going to create havoc and unpredictability in the legal system.”